Shiba Inu Surges 6%, Burn Rate Explodes 731%: What's Going On?
Shiba Inu (CRYPTO: SHIB) is up 6%, with its soaring burn rate fueling speculation of a bullish trend ahead. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001371 $8.08 billion +6.4% +17.8% Dogecoin (CRYPTO: DOGE) $0.1844 $27.5 billion +11.5% +20.9% Pepe (CRYPTO: PEPE) $0.059231 $3.88 billion +11.8% +29.7% Trader Notes: Crypto trader AllInCrypto identified a falling wedge pattern on SHIB's chart, a formation often signalling an upcoming reversal.